COMMON MAPS
Map version new-york activity top-down
Main site Contact
Menu
↑ parent activity group ·
research dossier

FRANKLIN COUNTY ECONOMIC DEVELOPMENT CORPORATION
MALONE, NY · EIN 141763507 · Form 990 · FY2025 · NTEE S31 · Community Improvement · Medium ($1M-$10M) · adirondackfrontier.com
revenue
$1.9M
expenses
$1.9M
net assets
$2.3M
employees
2
volunteers
8
program ratio
98%
mission · from form 990

THE EDC IS COMMITTED TO SERVING NEW AND EXISTING BUSINESSES AND INDUSTRIES, AND TO ASSIST WITH THE CREATION AND RETENTION OF QUALITY JOBS THROUGH DIRECT AND COLLABORATIVE FUNDING OF PROJECTS FOR THE ECONOMIC WELL BEING OF FRANKLIN COUNTY.

profile · synthesized from sources

Economic development organization serving Franklin County, NY, focused on supporting businesses and industries to create and retain quality jobs. Provides funding, technical assistance, and resources to small businesses, farms, and startups across sectors including agriculture, biotechnology, and outdoor recreation. Works to strengthen the regional economy through collaborative projects and strategic planning.

irs program accomplishments · form 990 part iii · fy2025

What they reported doing

  1. #1 primary $1.53M
    GRANTS TO OTHERS, IDA AND SUPPORT OF BUSINESSES
named programs · 4 · from sources

What they call their work

Adirondack Frontier Main Street Program
Provides technical assistance, funding options, and strategic planning to revitalize downtowns and main streets in Franklin County
Adirondack Frontier Small Business Program
Offers financial resources and support to help new entrepreneurs start businesses and existing businesses grow in Franklin County
Frontier Harvest Fund
Grant program offering $5,000–$35,000 to small farms, value-added producers, and agritourism businesses in Franklin County to support business growth and job creation
North Country Entrepreneurship Meetup
Casual networking event series hosted by FCEDC and the Shipley Center for Innovation to connect entrepreneurs, share ideas, and provide access to business resources
activities · 11 groups

What they do

  • Regional Economic Development Initiatives 2 activities
    • Developing and publishing regional economic strategy
      Released the Final 2025-2030 Comprehensive Economic Development Strategy (CEDS), a community-driven economic blueprint developed through a collaborative public comment process involving diverse stakeholders across Franklin County.
    • Supporting business location and expansion
      Provides economic development services to support business location, investment, and job creation in Franklin County by offering access to low operating costs, expandable space, strong infrastructure, and a skilled talent pipeline; facilitates growth for new or relocating companies through resources, investor support, and local leadership.
  • Agricultural Grantmaking and Funding Programs 1 activity
    • Administering the Frontier Harvest Fund
      Administers the Frontier Harvest Fund, a grant program that awards $5,000–$35,000 to small farms, value-added producers, and agritourism businesses in Franklin County for equipment, inventory, marketing, salaries, and software.
  • Municipal and Community General Support 1 activity
    • Grantmaking for business and industrial development
      Provides grants to support businesses and industrial development activities in Franklin County, including funding initiatives for startup and existing small businesses.
  • Professional Networking Events 1 activity
    • Hosting entrepreneurship networking events
      Hosts the North Country Entrepreneurship Meetup series on a recurring basis at the FCEDC Office/The Carry in Malone to strengthen cross-industry relationships and support local entrepreneurs.
  • Regional Tourism Promotion 1 activity
    • Implementing initiatives to attract residents through tourism
      Implements proactive initiatives to attract visitors to Franklin County with the goal of converting them into permanent residents.
  • Annual Financial and Activity Reporting 1 activity
    • Maintaining public documentation and transparency resources
      Maintains a document library containing policies, reports, and meeting minutes to support transparency and public access to organizational information.
  • Local Business Financing and Incentives 1 activity
    • Providing technical and operational support to small businesses
      Offers financial support, technical assistance, business transition support, and coworking spaces to small businesses in key industries in Franklin County.
  • Neighborhood Revitalization Initiatives 1 activity
    • Redeveloping commercial and residential properties
      Redevelops underutilized parcels and buildings, including constructing a 1,200 square foot commercial building in Saranac Lake and supporting the purchase and modernization of a 50-unit apartment building in Tupper Lake with interior and exterior renovations.
  • Business Improvement District Management 1 activity
    • Strengthening downtown economic vitality
      Focuses on strengthening downtown areas in Franklin County as centers of economic productivity, job creation, and tax revenue generation through targeted development initiatives.
  • Startup Acceleration & Business Growth Support 1 activity
    • Supporting entrepreneurial development
      Supports entrepreneurs in starting new businesses and assists existing businesses in growing through direct engagement and development programs.
  • Uncategorized 1 activity
    • Reviewing renewable energy infrastructure projects
      Is reviewing support for the repowering of a wind energy facility in Chateaugay, which includes the potential installation of up to 27 wind turbines with a total generating capacity of 116.5 MW.
financials · form 990 · fy2025
revenue
Total revenue$1.90M
Contributions & grants$1.54M81%
Program service revenue$319K17%
Investment income$39K2%
Other revenue$0
expenses
Total expenses$1.89M
Program expenses98%
Admin / overhead2%
Fundraising0%
Salaries & benefits$147K
Grants paid out$1.53M
Largest expense lineCompensation
balance sheet
Total assets$2.38M
Cash$1.23M
Investments$0
Liabilities$77K
Net assets$2.30M
Liquid reserves7.8 mo
5 years on record · 2020–2025 · YoY revenue +167.2%
leadership · form 990 part vii · fy2025

Who runs it

board members · 8
  • ARCHIE MCKEE — TREASURER -
  • CLYDE RABIDEAU — MEMBER
  • JAMES ELLIS — CHAIR - OUTG
  • MELISSA MILLS — ASSISTANT SE
  • NATE MONETTE — VICE CHAIR
  • NICK RUSSELL — SECRETARY
  • SCOTT GORDON — MEMBER
  • SHERRY BOYEA — CHAIR - INCO
relationships · 16

Who they work with

  • Adirondack Frontier Network — FRANKLIN COUNTY ECONOMIC DEVELOPMENT CORPORATION operates within the Adirondack Frontier region to support small businesses.
  • Adirondack Frontier Network — Franklin County Economic Development Corporation operates under the name Adirondack Frontier.
  • Ampersand Biosciences Partner — Local biotech firm highlighted as part of Franklin County's growing business ecosystem.
  • Bionique Partner — Local biotech firm highlighted as part of Franklin County's growing business ecosystem.
  • Biotech companies Partner — Supports biotech companies as part of the county's diverse industry base contributing to a healthier future.
  • Black Mountain Property Management, LLC Partner — Partner in the redevelopment of a commercial building in Saranac Lake
  • Church Street NY, LLC Partner — Partner in the modernization of a 50-unit affordable senior housing building in Tupper Lake
  • Cornell Dairy Co-op Partner — Local agricultural cooperative highlighted as part of Franklin County's business community.
  • Farmers Partner — Works with farmers who grow fresh food and contribute to the community and local economy.
  • Franklin County Government — Partner in administering the Frontier Harvest Fund grant program.
  • Franklin County Partner — Co-developed the Frontier Harvest Fund with the Franklin County Economic Development Corporation to support local agribusinesses.
  • Jeremy Evans Government — CEO of FCEDC and organizational leader involved in the development and public communication of the CEDS plan.
  • Malone Farmer’s Market Partner — Local market highlighted as part of Franklin County's diverse business ecosystem.
  • Origin Coffee Partner — Local business highlighted as part of Franklin County's diverse business ecosystem.
  • Shipley Center for Innovation Partner — Co-hosts the North Country Entrepreneurship Meetup series with FCEDC to support regional entrepreneurs.
  • Valcour Chateaugay NewCo, LLC Partner — Partner in the proposed repowering of a wind energy facility in Chateaugay
strategies · 3

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Local Business Ecosystem Building for Economic Retention
    methodology: local_economic_retention
    By supporting locally-rooted, family-owned, and multigenerational businesses, the organization strengthens economic resilience and retains wealth within the community because these businesses are more likely to reinvest locally and foster inter-business support networks.
  • People-First Economic Development through Quality of Life and Retention
    methodology: people-first economic development
    By reversing population decline—especially among young adults—through improvements in downtown vibrancy, public amenities, and community culture, the organization drives economic growth because a growing, engaged population attracts businesses and sustains local demand.
  • Targeted Grantmaking for Sector-Specific Economic Growth
    methodology: targeted_grant_funding_for_agricultural_growth
    By providing targeted grant funding to specific sectors—particularly agriculture and agritourism—the organization stimulates job creation, innovation, and regional economic resilience because focused investment strengthens high-potential local enterprises and encourages sustainable business development.